Why Tech Players Like Microsoft Are Flocking to AI Space

Why Salesforce’s 2Q17 Earnings Failed to Lift the Market’s Mood PART 7 OF 13 By Anne Shields | Sep 6, 2016 4:37 pm EDT Mounting competition in AI space Earlier in the series, we learned that Salesforce (CRM) is increasingly interested in the AI (artificial intelligence) space. Recently, deep learning, machine learning, and AI have all taken the world by storm. AI is an umbrella term that encompasses natural language processing, machine learning, and robotics. Apart from Salesforce and IBM (IBM), Microsoft (MSFT) is also trying to capture AI market share with its recent acquisition of Genee. Plus, Amazon (AMZN) used its Alexa Fund to host a voice technology summit in late August to make a move toward developing its own virtual assistant offerings. If we look at how the…